Children of Heroes of Ukraine Foundation

Nonprofit profile at a glance

EIN
882709953
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Denver, CO, USA
Phone
3025920792
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$3,147,895
Expenses
$3,199,658
Assets
$771,481
Liabilities
$2,944

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • DANILO YAKUB (PRESIDENT)
  • TETIANA NOVYTSKA (CEO)

Highest reported compensation

  • TETIANA NOVYTSKA (CEO): $77,680 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To carry out charitable activities in the interests of society and certain categories of persons, to provide charitable assistance and social support to children and their families, including children left without parents during the russian military aggression against ukraine. The fund is focused on long-term activities until children reach adulthood.

What it reported doing in 2024

Children of heroes was founded to help the countless number of ukrainian children who have suffered the ultimate tragedy: the loss of a parent, or parents, during the ongoing war. The fund provides the children and their families with comprehensive assistance, led by our team of family helpers. Our assistance programs are funded by our partners and donors.we believe the children of heroes, those who have fought bravely for a free and prosperous ukraine, are also heroes themselves and deserve care and ongoing support to help them achieve a brighter future.all of our initiatives are dedicated to improving the well-being of children who have suffered from the effects of the war and your gift directly helps each child supported by the fund until he or she reaches adulthood. Psychological support and socialization: psychological support is one of the core initiatives of the children of heroes of ukraine foundation. Our goal is to help families who have lost loved ones due to war process their trauma, accept their new reality, adapt to their circumstances, and find the strength to move forward. We cover cost of individual consultations, group consultations, art-therapy, other types of psychological support for children under care and their guardians as well as children's health, rehabilitation and development camps, camps for families and kids, recreation and travel activities, workshops and classes for hobby activities, other events to address emotional trauma, support the mental well-being of beneficiaries and promote resilience.education and development: hundreds of children under the care of the foundation have already joined our educational programs. They attend english courses, preschool training and professional and creative clubs. In addition to the courses, children receive the necessary technical means: laptops, tablets, stationery, backpacks, sportswear, etc. To receive an education. They successfully continue their primary school education in online and offline formats. Learning is integral to sustainable psychological development, a happy childhood and self-confidence. Many children have been evacuated to other countries, so their knowledge of english affects helps them adapt to their new surroundings and communicate with their new peers and communities.humanitarian support: we provide children under care with the necessary resources for a decent life: autumn and winter clothes and accessories; winter shoes; warm suits; heaters; blankets; firewood, generators and accumulators etc.holiday gifts and celebrations: children under care are provided with birthday and new year presents to bring joy and a sense of normalcy to the lives of beneficiaries, celebrating important milestones in their development.medical support: thousands of ukrainian children have suffered psychological and physiological trauma due to the war. For those who have survived, they may never fully heal. Through the implementation of this project, the foundation can provide children with immediate medical care and physiological rehabilitation. Exceptional financial aid for medical treatment, payment for medical consultations and services to improve health outcomes for beneficiaries ensures access to essential medical care and support for severe cases.emergency support: additional financial aid for those in difficult financial situation, direct payments to certain children, the donation for the specific child whose life story and influence of the russian war in ukraine the grantor placed on its website and received the donation from donors on the grantor's bank account (30% of such donation after deduction of any platform fees should be transferred to the grantee for its further full transfer to the final beneficiary), exceptional financial aid for home repair for children under care whose place of living was destroyed/damaged in connection with the russian war in ukraine.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 85
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.1%; rating input score 85
  • Program expense ratio: 83.7%; rating input score 84
  • Fundraising efficiency: $10.24 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 4 of 8 controls in place; rating input score 50
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Pass
    • Conducts site visits: Limited
    • Requires grant agreements: Pass
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.6%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 69.5% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 48.2% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 20.9% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 85.1% of revenue deployed · 83.7% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.7M in reported program spending
  • Leadership: top reported pay $78K · 12 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.